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The New Coffee Room

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  2. General Discussion
  3. Here comes the Biden market crash

Here comes the Biden market crash

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  • X Offline
    X Offline
    xenon
    wrote on last edited by
    #3

    Damn - we’ve lost 2 weeks of gains.

    taiwan_girlT 1 Reply Last reply
    • X xenon

      Damn - we’ve lost 2 weeks of gains.

      taiwan_girlT Offline
      taiwan_girlT Offline
      taiwan_girl
      wrote on last edited by taiwan_girl
      #4

      @xenon said in Here comes the Biden market crash:

      Damn - we’ve lost 2 weeks of gains.

      😂

      I think I was told, maybe even here!, that if a president is going to be judged with the stock market returns, it should start, on election day in early November.

      And in this case, President Biden has had the highest stock market return EVER from election day to inauguration day.

      But we all know that the president does not have that big in effect! 😂😂😂

      1 Reply Last reply
      • HoraceH Horace

        Biden is overpaid.

        L Offline
        L Offline
        Loki
        wrote on last edited by
        #5

        I don’t know if a crash is starting but I do know the dire straits many cities are in and states is going to come out now. The line was held through the election.

        JollyJ 1 Reply Last reply
        • L Loki

          I don’t know if a crash is starting but I do know the dire straits many cities are in and states is going to come out now. The line was held through the election.

          JollyJ Offline
          JollyJ Offline
          Jolly
          wrote on last edited by Jolly
          #6

          @loki said in Here comes the Biden market crash:

          I don’t know if a crash is starting but I do know the dire straits many cities are in and states is going to come out now. The line was held through the election.

          Baton Rouge is in a helluva mess.

          “Cry havoc and let slip the DOGE of war!”

          Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

          1 Reply Last reply
          • RainmanR Offline
            RainmanR Offline
            Rainman
            wrote on last edited by
            #7

            We need Larry.

            1 Reply Last reply
            • CopperC Offline
              CopperC Offline
              Copper
              wrote on last edited by
              #8

              Yes, he would fix it

              1 Reply Last reply
              • George KG Offline
                George KG Offline
                George K
                wrote on last edited by
                #9

                2.5% today....wow.

                "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                1 Reply Last reply
                • AxtremusA Offline
                  AxtremusA Offline
                  Axtremus
                  wrote on last edited by
                  #10

                  You look at the likes of GameStop and AMC (the movie theater chain) and you get the sense that something screwy is going on with the market. :man-shrugging:

                  L 1 Reply Last reply
                  • LuFins DadL Offline
                    LuFins DadL Offline
                    LuFins Dad
                    wrote on last edited by
                    #11

                    It looks like things started going south late in the afternoon on the 21st...

                    5683943B-47D5-4855-B469-6FC99833066F.png

                    The Brad

                    1 Reply Last reply
                    • AxtremusA Axtremus

                      You look at the likes of GameStop and AMC (the movie theater chain) and you get the sense that something screwy is going on with the market. :man-shrugging:

                      L Offline
                      L Offline
                      Loki
                      wrote on last edited by
                      #12

                      @axtremus said in Here comes the Biden market crash:

                      You look at the likes of GameStop and AMC (the movie theater chain) and you get the sense that something screwy is going on with the market. :man-shrugging:

                      The comrades at reddit think they are striking at the evil empire with those stocks and have no clue what they are doing to Biden. Spooking the markets I wouldn’t think is part of his 100 day plan.

                      AxtremusA 1 Reply Last reply
                      • L Loki

                        @axtremus said in Here comes the Biden market crash:

                        You look at the likes of GameStop and AMC (the movie theater chain) and you get the sense that something screwy is going on with the market. :man-shrugging:

                        The comrades at reddit think they are striking at the evil empire with those stocks and have no clue what they are doing to Biden. Spooking the markets I wouldn’t think is part of his 100 day plan.

                        AxtremusA Offline
                        AxtremusA Offline
                        Axtremus
                        wrote on last edited by
                        #13

                        @loki said in Here comes the Biden market crash:

                        The comrades at reddit think they are striking at the evil empire with those stocks and have no clue what they are doing to Biden. Spooking the markets I wouldn’t think is part of his 100 day plan.

                        The right for move Biden would be to ignore that stock market indices' day to day gyrations, and I think he will do that.

                        RainmanR 1 Reply Last reply
                        • AxtremusA Offline
                          AxtremusA Offline
                          Axtremus
                          wrote on last edited by
                          #14

                          https://www.cnbc.com/2021/01/27/gamestop-speculation-is-danger-to-whole-market-massachusetts-regulator.html

                          "... more than 100% of GameStop shares had been shorted prior to the epic short squeeze ..."

                          1 Reply Last reply
                          • 89th8 Offline
                            89th8 Offline
                            89th
                            wrote on last edited by
                            #15

                            The market is up 13% since Biden was elected, including today’s close.

                            1 Reply Last reply
                            • AxtremusA Axtremus

                              @loki said in Here comes the Biden market crash:

                              The comrades at reddit think they are striking at the evil empire with those stocks and have no clue what they are doing to Biden. Spooking the markets I wouldn’t think is part of his 100 day plan.

                              The right for move Biden would be to ignore that stock market indices' day to day gyrations, and I think he will do that.

                              RainmanR Offline
                              RainmanR Offline
                              Rainman
                              wrote on last edited by
                              #16

                              @axtremus said in Here comes the Biden market crash:

                              @loki said in Here comes the Biden market crash:

                              The comrades at reddit think they are striking at the evil empire with those stocks and have no clue what they are doing to Biden. Spooking the markets I wouldn’t think is part of his 100 day plan.

                              The right for move Biden would be to ignore that stock market indices' day to day gyrations, and I think he will do that.

                              Ax 'ol buddy, hitt'n the sauce a bit? What does this mean:
                              "The right for move Biden would be to ignore that stock market..."

                              Oh, I got it! Just rearrange and it works fine.
                              My bad, you're fine.

                              And, it's fault Trump's.
                              Just say'n.

                              AxtremusA 1 Reply Last reply
                              • RainmanR Rainman

                                @axtremus said in Here comes the Biden market crash:

                                @loki said in Here comes the Biden market crash:

                                The comrades at reddit think they are striking at the evil empire with those stocks and have no clue what they are doing to Biden. Spooking the markets I wouldn’t think is part of his 100 day plan.

                                The right for move Biden would be to ignore that stock market indices' day to day gyrations, and I think he will do that.

                                Ax 'ol buddy, hitt'n the sauce a bit? What does this mean:
                                "The right for move Biden would be to ignore that stock market..."

                                Oh, I got it! Just rearrange and it works fine.
                                My bad, you're fine.

                                And, it's fault Trump's.
                                Just say'n.

                                AxtremusA Offline
                                AxtremusA Offline
                                Axtremus
                                wrote on last edited by
                                #17

                                @rainman said in Here comes the Biden market crash:

                                @axtremus said in Here comes the Biden market crash:

                                @loki said in Here comes the Biden market crash:

                                The comrades at reddit think they are striking at the evil empire with those stocks and have no clue what they are doing to Biden. Spooking the markets I wouldn’t think is part of his 100 day plan.

                                The right for move Biden would be to ignore that stock market indices' day to day gyrations, and I think he will do that.

                                Ax 'ol buddy, hitt'n the sauce a bit? What does this mean:
                                "The right for move Biden would be to ignore that stock market..."

                                Oh, I got it! Just rearrange and it works fine.
                                My bad, you're fine.

                                And, it's fault Trump's.
                                Just say'n.

                                Typo, “that” ==> “the”.

                                1 Reply Last reply
                                • LuFins DadL Offline
                                  LuFins DadL Offline
                                  LuFins Dad
                                  wrote on last edited by
                                  #18

                                  Wait, what? GameStop rose how much? That’s frigging ridiculous. Next you’ll tell me to buy Blockbuster. It’s a dead end retailer. It may be able to survive in some format but not what it was or even is right now. AMC? I won’t even buy AMC movie passes at $3 a ticket right now because I’m not sure they will still be around this summer...

                                  The Brad

                                  AxtremusA 1 Reply Last reply
                                  • taiwan_girlT Offline
                                    taiwan_girlT Offline
                                    taiwan_girl
                                    wrote on last edited by
                                    #19

                                    (https://www.barrons.com/articles/presidents-dont-influence-the-economy-as-much-as-you-might-think-51610620201)

                                    Interesting article. I guess Barron's magazine is generally on the right side. So, they look back at how they looked at various presidents and if the Democrat was elected, that probably meant that the economy would sink. OOPS - not really.

                                    If a Republic was elected, the economy would soar. OOPS - not any more than a Democrat president. LOL

                                    1 Reply Last reply
                                    • jon-nycJ Online
                                      jon-nycJ Online
                                      jon-nyc
                                      wrote on last edited by
                                      #20

                                      3D6C4CB4-CF43-4B31-8EA9-29A445ECD4B7.jpeg

                                      Only non-witches get due process.

                                      • Cotton Mather, Salem Massachusetts, 1692
                                      1 Reply Last reply
                                      • LuFins DadL LuFins Dad

                                        Wait, what? GameStop rose how much? That’s frigging ridiculous. Next you’ll tell me to buy Blockbuster. It’s a dead end retailer. It may be able to survive in some format but not what it was or even is right now. AMC? I won’t even buy AMC movie passes at $3 a ticket right now because I’m not sure they will still be around this summer...

                                        AxtremusA Offline
                                        AxtremusA Offline
                                        Axtremus
                                        wrote on last edited by
                                        #21

                                        @lufins-dad said in Here comes the Biden market crash:

                                        Next you’ll tell me to buy Blockbuster. It’s a dead end retailer.

                                        Oh you’ll love BlackBerry (NYSE:BB).

                                        1 Reply Last reply
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